Mactaggart, Edmonton - July 2026 Real Estate Report

Mactaggart Real Talk: Your Home Is Worth More Than the City Thinks - But the Gap Is Closing

If you live in Mactaggart and you have not checked your HonestDoor Price lately, now is the time. The city's assessment says one thing. The actual market is saying something a little different. Here is what is really going on in our corner of southwest Edmonton.

The Vibe: Houses vs. Condos

Houses - Strong Prices, But Take a Breath

We are sitting in one of Edmonton's pricier postal codes. House prices here rank 24th out of 285 neighbourhoods in the city - that puts us firmly in the top tier. But the market is taking a breather right now, and it is worth paying attention to the details.

• Average sale price this month: $945,933 - up 21.9% from last month
• Average list price: $1,198,500
• Homes selling at 94.49% of list price - buyers are negotiating, and winning
• Average days on market: 69 days
• Only 3 sales this month, down 25% from last month
• Price per square foot: $341
• Predicted market value: $970,451
• Rental yield: 4.83% with estimated rent of $4,022 per month

That 21.9% jump in average sale price sounds exciting, but only 3 homes sold this month. A small sample size can swing averages hard. What is more telling is that buyers are paying about 5.5% below asking, and homes are sitting for over two months. The predicted value of $970,451 is also dipping slightly below the 3-month moving average of $974,117. The neighbourhood leaderboard tells the story too - our growth rate ranks 197 out of 302 Edmonton neighbourhoods. We are not leading the pack right now. That is not a crisis, but it is a signal.

Condos - Steady, Competitive, and Faster to Sell

Our condo market is a different story. Buyers here mean business. Condos are selling at 99.15% of list price - almost full ask - and they are moving in 54 days, faster than nearby South Terwillegar at 71 days. That is real demand.

• Average sale price: $339,500
• Average list price: $342,400
• Selling at 99.15% of list price
• Average days on market: 54 days
• 2 sales this month
• Price per square foot: $316
• Predicted market value: $294,477
• Rental yield: 4.18% with estimated rent of $1,530 per month
• Condo price rank: 14th out of 220 Edmonton neighbourhoods

Mactaggart condos rank 14th in price out of 220 Edmonton neighbourhoods - higher than Magrath Heights condos at $402,668 is the only nearby comparison that beats us. South Terwillegar and Terwillegar Towne are both cheaper and growing slightly faster, so we are the premium option in this pocket of the city. The growth rank of 219 out of 296 does flag that values are not climbing quickly right now, and the recent -2.42% change in value is worth watching.

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now

Here is the thing about your city assessment - it is a snapshot from the past. It does not know what happened in the market last month. It does not adjust when buyer demand shifts or when interest rates move. It is a static number used for tax purposes, not for real-world decisions.

The HonestDoor Price is updated in real time using actual sales data. Right now, that difference is significant for Mactaggart homeowners.

• House average assessed value: $1,006,702
• House HonestDoor Price: $983,019 - that is 2.35% lower than the city's number
• Condo average assessed value: $319,114
• Condo HonestDoor Price: $294,226 - that is 7.80% lower than the city's number

If you are a condo owner and you are making financial decisions based on a $319,114 assessment, you could be working with a number that is nearly $25,000 higher than what the market will actually pay today. That gap matters when you are pricing a listing, refinancing, or deciding whether to sell or hold. The HonestDoor Price is your real-world check - use it.

The "So What?" - Thinking About Selling This Summer?

If you are a house owner in Mactaggart and you are thinking about listing this summer, here is the honest take. You are in a premium neighbourhood - top 10% for assessed value in Edmonton, ranked 8th city-wide. That is a real advantage. But buyers right now are negotiating hard, homes are sitting for over two months, and the predicted value is trending slightly down from the 3-month average. Pricing sharp from day one is not optional - it is the strategy.

If you are a condo owner, your position is actually stronger in some ways. Buyers are coming in close to full ask, and you are outselling nearby neighbourhoods on speed. The challenge is that values have dipped 2.42% recently, so do not wait for a rebound that the data is not yet promising.

For both property types, the move right now is simple. Check your HonestDoor Price before you talk to anyone about listing. Know the real number, not the city's number. Then price it right, because Mactaggart buyers in 2026 are doing their homework too.

• Neighbourhood overall growth: 0.06% year over year - steady, not spectacular
• Total house transactions in 2026: 18 - a relatively quiet market
• Total condo transactions in 2026: 19
• 646 houses and 595 condos assessed this year
• Airbnb potential: $202 per night for houses, $76 per night for condos - ranked 36th in Edmonton for houses

Bottom line - Mactaggart is still one of Edmonton's most expensive and desirable neighbourhoods. But "expensive" and "growing fast" are not the same thing right now. Know your real number, price it honestly, and you will be in the best position to move when the time is right.

This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.